FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Summary
SIFMA AMG provided updated recommendations to the U.S. Commodity Futures Trading Commission (CFTC) on optimization of the Commission’s Part 37 requirements for Swap Execution Facilities (“SEF”) promulgated under the Commodity Exchange Act (“CEA”). AMG recommended that the CFTC not only expand methods of execution for required transactions, but also establish standards for central execution mandate that recognize necessary market conditions.
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